Bitcoin, XRP rally after key Fed inflation report

We’re celebrating "soft" inflation, yet at 3.4%, it’s still nearly double the Fed’s 2% target. Even worse, these numbers follow a sudden change in how PCE is calculated, making the "improvement" impossible to verify. Despite this, crypto is rallying as if the crisis is over, even though 34% of traders still expect another rate hike. Is the market blindly ignoring the risk of more hikes, or is the 2% target officially dead? What’s your take?
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